The Most Plausible Way to Produce a Continuous Increase in the Standard

question 78

Multiple Choice

The most plausible way to produce a continuous increase in the standard of living within the Solow growth model is to assume

• A)continuous technological improvement.
• B)a positive rate of population growth.
• C)a zero rate of depreciation.
• D)continuous increases in the national saving rate.
• E)continuous growth in the capital stock.

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Definitions:

Behaviors

Actions or reactions of an individual in response to their environment or internal states, which can be observable or internal.

Frequency

The rate at which a recurring event happens in a given period of time.

Intensity

The degree of strength, force, or energy with which a feeling, phenomenon, or condition is expressed or occurs.

Duration

The length of time that something continues or exists, often used to describe the time span of events or conditions.